Lucrative, fully refurbished 9-bed HMO in prime Paignton location – just 150 metres from the seafront and ready to generate immediate rental income.
This superb investment opportunity features a fully renovated, high-standard 9-bedroom, all en-suite HMO (House in Multiple Occupation) in Paignton, Devon. Currently owner-operated, the property delivers strong, consistent income with low overheads and minimal management. It offers spacious, flexible accommodation and includes communal spaces such as a large kitchen, dining room, utility room, and private courtyard with parking potential.
Set on a prominent corner plot on Beach Road, just a one-minute walk to the beach, town centre, harbour, and all transport links, Sea Spray enjoys an enviable coastal location that appeals to tenants seeking both lifestyle and convenience. Its proximity to Exeter Airport and the A380 also enhances its long-term rental appeal.
Ideal for hands-off investors, this property provides reliable returns as a turnkey HMO, or it could be further reconfigured for serviced accommodation or short-term lets to maximise profit. The current layout includes scope to create more units or convert part of the communal areas into additional rooms or a self-contained flat.
Full support and handover are available if required, ensuring a smooth transition for buyers new to property investment or HMO management.
Enquire today to secure this high-yield, coastal investment property in one of South Devon’s most desirable towns.
